Donear Industries Balance Sheet Health
Financial Health criteria checks 4/6
Donear Industries has a total shareholder equity of ₹2.0B and total debt of ₹3.4B, which brings its debt-to-equity ratio to 165%. Its total assets and total liabilities are ₹7.1B and ₹5.1B respectively. Donear Industries's EBIT is ₹721.4M making its interest coverage ratio 2.4. It has cash and short-term investments of ₹153.8M.
Key information
165.0%
Debt to equity ratio
₹3.38b
Debt
| Interest coverage ratio | 2.4x |
| Cash | ₹153.83m |
| Equity | ₹2.05b |
| Total liabilities | ₹5.06b |
| Total assets | ₹7.10b |
Recent financial health updates
Is Donear Industries (NSE:DONEAR) A Risky Investment?
Aug 15
Here's Why Donear Industries (NSE:DONEAR) Has A Meaningful Debt Burden
Dec 12Is Donear Industries (NSE:DONEAR) A Risky Investment?
Jul 01These 4 Measures Indicate That Donear Industries (NSE:DONEAR) Is Using Debt Extensively
Mar 23Donear Industries (NSE:DONEAR) Has A Somewhat Strained Balance Sheet
Dec 08Recent updates
There Is A Reason Donear Industries Limited's (NSE:DONEAR) Price Is Undemanding
Oct 09Donear Industries (NSE:DONEAR) Is Due To Pay A Dividend Of ₹0.20
Sep 11Is Donear Industries (NSE:DONEAR) A Risky Investment?
Aug 15There Are Reasons To Feel Uneasy About Donear Industries' (NSE:DONEAR) Returns On Capital
Jul 27Donear Industries Limited (NSE:DONEAR) Stock Catapults 29% Though Its Price And Business Still Lag The Market
Jun 13Donear Industries (NSE:DONEAR) Is Paying Out A Dividend Of ₹0.20
Sep 10Donear Industries' (NSE:DONEAR) Dividend Will Be ₹0.20
Aug 27Do Donear Industries' (NSE:DONEAR) Earnings Warrant Your Attention?
May 23Donear Industries (NSE:DONEAR) Is Reinvesting To Multiply In Value
Mar 04Here's Why Donear Industries (NSE:DONEAR) Has A Meaningful Debt Burden
Dec 12Donear Industries (NSE:DONEAR) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Nov 21Capital Investment Trends At Donear Industries (NSE:DONEAR) Look Strong
Sep 09Donear Industries (NSE:DONEAR) Knows How To Allocate Capital
May 12Returns On Capital At Donear Industries (NSE:DONEAR) Paint A Concerning Picture
Dec 21Donear Industries (NSE:DONEAR) Has Re-Affirmed Its Dividend Of ₹0.20
Sep 01Be Wary Of Donear Industries (NSE:DONEAR) And Its Returns On Capital
Aug 27Is Donear Industries (NSE:DONEAR) A Risky Investment?
Jul 01These 4 Measures Indicate That Donear Industries (NSE:DONEAR) Is Using Debt Extensively
Mar 23How Has Donear Industries (NSE:DONEAR) Allocated Its Capital?
Feb 16Should You Buy Donear Industries Limited (NSE:DONEAR) For Its Dividend?
Jan 12
Donear Industries (NSE:DONEAR) Has A Somewhat Strained Balance Sheet
Dec 08The Returns At Donear Industries (NSE:DONEAR) Provide Us With Signs Of What's To Come
Nov 04Can Donear Industries Limited (NSE:DONEAR) Improve Its Returns?
Oct 09Donear Industries Limited (NSE:DONEAR) Looks Interesting, And It's About To Pay A Dividend
Sep 12How Does Donear Industries Limited (NSE:DONEAR) Fare As A Dividend Stock?
Aug 30Financial Position Analysis
Short Term Liabilities: DONEAR's short term assets (₹5.9B) exceed its short term liabilities (₹4.6B).
Long Term Liabilities: DONEAR's short term assets (₹5.9B) exceed its long term liabilities (₹464.5M).
Debt to Equity History and Analysis
Debt Level: DONEAR's net debt to equity ratio (157.5%) is considered high.
Reducing Debt: DONEAR's debt to equity ratio has reduced from 270.8% to 165% over the past 5 years.
Debt Coverage: DONEAR's debt is well covered by operating cash flow (20.9%).
Interest Coverage: DONEAR's interest payments on its debt are not well covered by EBIT (2.4x coverage).